A1 Investments and Resources Limited (ASX:AYI) announced a private placement 3,000,000,000 shares at a price of AUD 0.0004 per share for gross proceeds of up to AUD 1,200,000 on July 6, 2018. The transaction will include participation from professional or sophisticated investors. The transaction is subject to approval from the shareholder of the company at the general meeting to be held in end of August, 2018.